Quote Originally Posted by sonatine View Post
like, the more these kids gambled, the more the crypto bull run rewarded them, and the louder the world applauded.

the same people insisting that the root cause of this collapse be pinned on some orchestrated deliberate grift have been the voices most conspicuously silent about an entire financial gambling industry predicated on synthetic securities with literally 0 intrinsic value.
Your first line may best describe the crypto era

My personal favorite quote describing our times

“they mistook leverage for genius”
Steve Eisman (Big Short star)